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Non-Tech : Income Investing

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From: KEN2CWL	3/19/2013 9:41:39 AM
	1 Recommendation Read Replies (1) of 52115

TWO opportunity? Perhaps. Down .22 this morning. Ken NEW YORK--(BUSINESS WIRE)-- Two Harbors Investment Corp. (NYSE: TWO; NYSE MKT: TWO.WS) today announced that it has priced a public offering of 50,000,000 shares of its common stock at an offering price of $13.46 per share, for total gross proceeds (before underwriting discount and commissions and estimated expenses) of approximately $673.0 million. The company has granted the underwriters an option for 30 days to purchase up to an additional 7,500,000 shares of the company’s common stock to cover over-allotments, if any. The offering is expected to close on or about March 22, 2013.

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